PRODUCT PLACEMENT IN RETAIL SETTINGS
First Claim
1. A method comprising:
- selecting a plurality of products from a larger plurality of products, the selected plurality of products being a subset of the larger plurality of products, and the selected plurality of products to be placed in a plurality of check-out lane end caps in a plurality of stores based at least in part on historical sales data for each of the plurality of products across all of the plurality of stores, wherein each of the plurality of check-out lane end caps comprises a fixture configured to hold and display one or more products for sale in a store;
receiving a total number of stores into which each of the selected products is to be placed in at least one check-out lane end cap;
receiving at least one bid associated with a product of the larger plurality of products, wherein the at least one bid comprises a request to place the product in at least one of the plurality of check-out lane end caps, and at least one of a cost price of an inventory of the product an inventory amount of the product a turnaround time associated with replenishing inventory of the product, and a total number of stores into which the product is to be placed;
determining, with a computing device, a sales performance metric for each of the selected products based at least in part on in-store historical sales data representative of sales of the product in each of the plurality of stores; and
determining, with the computing device, which of the plurality of stores to place each of the selected products in a check-out lane end cap of that store based at least in part on the received total number of stores into which the product is to be placed, the received bid, and the determined sales performance metric for the product.
1 Assignment
0 Petitions
Accused Products
Abstract
Products are selected for placement on check-out lane end caps at retail store locations. In one example, products are selected for placement on check-out lane end caps in one or more stores based on historical sales data for each product across all of the stores. Each check-out lane end cap includes a fixture configured to hold and display product(s) for sale in a store. A total number of stores into which each product is to be placed in at least one check-out lane end cap is received. A sales performance metric is determined for each selected product based on in-store historical sales data representative of sales of the product in each store. A particular store into which to place each selected product in a check-out lane end cap is determined based on the received total number of stores and the determined sales performance metric for the product.
-
Citations
26 Claims
-
1. A method comprising:
-
selecting a plurality of products from a larger plurality of products, the selected plurality of products being a subset of the larger plurality of products, and the selected plurality of products to be placed in a plurality of check-out lane end caps in a plurality of stores based at least in part on historical sales data for each of the plurality of products across all of the plurality of stores, wherein each of the plurality of check-out lane end caps comprises a fixture configured to hold and display one or more products for sale in a store; receiving a total number of stores into which each of the selected products is to be placed in at least one check-out lane end cap; receiving at least one bid associated with a product of the larger plurality of products, wherein the at least one bid comprises a request to place the product in at least one of the plurality of check-out lane end caps, and at least one of a cost price of an inventory of the product an inventory amount of the product a turnaround time associated with replenishing inventory of the product, and a total number of stores into which the product is to be placed; determining, with a computing device, a sales performance metric for each of the selected products based at least in part on in-store historical sales data representative of sales of the product in each of the plurality of stores; and determining, with the computing device, which of the plurality of stores to place each of the selected products in a check-out lane end cap of that store based at least in part on the received total number of stores into which the product is to be placed, the received bid, and the determined sales performance metric for the product. - View Dependent Claims (2, 3, 4, 7, 8, 9, 10, 11, 12, 13)
-
-
5. -6. (canceled)
-
14. A device comprising:
-
a memory; and at least one programmable processor configured to execute one or more instructions stored to the memory to perform operations comprising; selecting a plurality of products from a larger plurality of products, the selected plurality of products being a subset of the larger plurality of products, and the selected plurality of products to be placed in a plurality of check-out lane end caps in a plurality of stores based at least in part on historical sales data for each of the plurality of products across all of the plurality of stores, wherein each of the plurality of check-out lane end caps comprises a fixture configured to hold and display one or more products for sale in a store; receiving a total number of stores into which each of the selected products is to be placed in at least one check-out lane end cap; receiving at least one bid associated with a product of the larger plurality of products, wherein the at least one bid comprises a request to place the product in at least one of the plurality of check-out lane end caps, and at least one of a cost price of an inventory of the product, an inventory amount of the product, a turnaround time associated with replenishing inventory of the product, and a total number of stores into which the product is to be placed; determining a sales performance metric for each of the selected products based at least in part on in-store historical sales data representative of sales of the product in each of the plurality of stores; and determining which of the plurality of stores to place each of the selected products in a check-out lane end cap of that store based at least in part on the received total number of stores into which the product is to be placed, the received bid, and the determined sales performance metric for the product. - View Dependent Claims (15, 16, 17, 20, 21, 22, 23, 24, 25)
-
-
18. -19. (canceled)
-
26. A computer-readable storage device encoded with instructions that, when executed, cause one or more processors of a computing device to:
-
select a plurality of products from a larger plurality of products, the selected plurality of products being a subset of the larger plurality of products, and the selected plurality of products to be placed in a plurality of check-out lane end caps in a plurality of stores based at least in part on historical sales data for each of the plurality of products across all of the plurality of stores, wherein each of the plurality of check-out lane end caps comprises a fixture configured to hold and display one or more products for sale in a store; receive a total number of stores into which each of the selected products is to be placed in at least one check-out lane end cap; receive at least one bid associated with a product of the larger plurality of products, wherein the at least one bid comprises a request to place the product in at least one of the plurality of check-out lane end caps, and at least one of a cost price of an inventory of the product an inventory amount of the product, a turnaround time associated with replenishing inventory of the product, and a total number of stores into which the product is to be placed; determine a sales performance metric for each of the selected products based at least in part on in-store historical sales data representative of sales of the product in each of the plurality of stores; and determine which of the plurality of stores to place each of the selected products in a check-out lane end cap of that store based at least in part on the received total number of stores into which the product is to be placed, the received bid, and the determined sales performance metric for the product.
-
Specification